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1996 (3) TMI 10 - SC - Income Tax
Charitable Trust - Exemption - College was run, not by the assessee-trust, but by another registered charitable society - conduct of the educational institution in drawing from the assessee-trust larger sums than what has been credited by the trust in its favour in 1969-70 shows that it was fully aware of its credit with the assessee-trust and the funds that had been made available to it by the trust - assessee was entitled to exemption under section 11